The pace was more sedate in Asian base oil markets, entering the last month of the year. Spot prices for some grades came under pressure on fizzling d ...
Brazil’s state-owned Petrobras announced Monday that it had terminated the sale of the Lubnor refinery to Grepar Participacoes, claiming that govern ...
A number of paraffinic base oil producers joined the ranks of Chevron and Motiva, who had announced posted price decreases last week prompted by subsi ...
Founded in 2002, Penthol has grown to become a leading player in the API Group I, Group II and Group III base oil markets supplying North America, Tur ...
Demand for all types of base oil has been falling the past week across Europe, the Middle East and Africa – especially for API Group I oils. In ligh ...
China has been a net base oil importer in the past few years, but supplies coming from abroad are decreasing as its domestic production is improving, ...
Business was starting to pick up in some countries following the celebration of the Diwali holiday, but the pace was generally muted as the approach o ...
Chevron and Motiva communicated posted price decreases during the week, reflecting falling crude oil and feedstock prices and softening base oil deman ...
Global news continues to be dominated by warring in Gaza and Ukraine, where innocent civilians are not only being killed and wounded but also face sho ...
After being hammered by Western sanctions in 2022, Russian base oil exports have continued to fall this year as sanctions were tightened and global de ...
Base oil market activity was muted in some Asian countries due to the celebration of the Diwali festival, while in others, buyers proceeded with cauti ...
South Korea base oil exports rose 23% in volume and by 25% in declared value in October, according to data released this week by a government agency.
Lengthening supply and softening demand were some of the concerns that base oil suppliers were facing as the year-end holidays approached and business ...
The November issue delves into new regulations and monitoring of per- and polyfluoroalkyl substances, PFAS, and explains why hybrids may cushion the b ...
The war between Israel and Hamas continues to have a destabilizing effect on energy markets, creating uncertainty for base oil markets throughout Euro ...
The November issue delves into new regulations and monitoring of per- and polyfluoroalkyl substances, known as PFAS, and explains why hybrids may cush ...
Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due in part to shrinking profit mar ...
Base oil prices were mixed in Asia this week as different factors affected each segment in a distinct way, with API Group I and Group II prices remain ...
The November issue delves into new regulations and monitoring of per- and polyfluoroalkyl substances, or PFAS, and explains why hybrid vehicles may cu ...
Unexpected production hiccups and scheduled turnarounds have helped keep the United States base oils market fairly balanced at a time when demand has ...
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